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an argument for economic freedom and talked about the difference between the real economy that mitt romney participated in and succeeded in and the solyndra economy of president where you fund favored enterprises. >> when we come back president obama revamps his stump speech, taking credit for recent positive signs in the economy. but is our outlook that rosy? our panel takes a closer look next. oo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with the capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec
nominee. while the editors praise president obama's early efforts to revitalize the economy through his stimulus plan, it concluded his record on the economy the past four years does not suggest he would lead in the direction the nation must go in the next four years. joining me now for the politics of weather and everything else is obama campaign senior advisor david axelrod. good morning, david. let me start here with the storm. when you look at virginia where this is likely to be the swing state most affected, does anything worry you about that state being more or less paralyzed by weather for a couple three, four days? >> well, the first thing i think we should say is we're most concerned about people. this storm could affect 50 million americans. the president has been in close contact with fema and dhs and all the agencies that have responsibility here to make sure we're doing everything we can for people, and that's what he is going to continue to do throughout this -- throughout this storm, and in terms of how it affects the election, i don't think anybody really knows. obviousl
of the "wall street journal," economy grows at 2% pace. consumers, government spending, powered third-quarter gains, but growth likely to slow down. and that's what we want to talk to you about for the first 45 minutes of this edition of the "washington journal." good morning. today is saturday, october 27. we want to talk to you about your optimism or pessimism about the economy. things getting better? things getting worse? are you doing all right? could you be doing better? we want to talk to you about the economy, your optimism, and your pessimism in terms of your personal economy and not necessarily how you feel the candidates will do, what they might do for the economy once they get elected. 202-585-3881 for republicans. for democrats, 202-585-3880. for independents, 202-585-3882. and you can also reach out to us via social media. the address on twitter, @spanwj. facebook.com/cspan. and email, journal@c-span.org. more from the article this morning from the "wall street journal," economy grows at 2% pace. josh mitchell and refugee write -- -- and jeffrey write -- host: we'll take
. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, netting out a gain of 171,000 jobs. and revised employment reports forage and september added another 84,000. givingunemployment is higher, giving mitt romney a talking point. >> unemployment today is higher than on the day barack obama took office. >> eliot: what he didn't say was that the economy was losing 800,000 jobs a month when obama took office. during his term the economy added millions of jobs. professor at us berkeley goldman school of public policy and author of "beyond outrage: what has gone wrong with our economy and our democracy and how to fix it." hello, mr. secretary. >> hello eliot. >> eliot: there was a massive conspiracy that the economy was picking up steam. do you think the numbers prove there is an accelerating fact that there improvement. >> the reason why unemployment ticked up was because
campaign experts. >> i think if you look at the president has done with the economy, it is very far reaching, just across the country women have access to capital to start small business, let's not forget his very, very first bill that he signed in to law was lily ledbetter fair pay act. it's a tremendous accomplishment. i think that shows his devotion and his commitment to women. >> first thing you have to ask is, what are women concerned about today, it's jobs, job security, opportunities for themselves and for their loved ones and in particular for their kidss there a brighter future. this is mitt romney's message to women to all americans. is that he is going to put in to place economic policies that will create growth which will create the jobs, be the ergy to small businesses start growing again. >> we asked the experts whether reproductive rights is a decisive issue for women voters this year. >> it is for the barack obama campaign. they think that's the way they're going to keep their women. suggest that women would vote about who's going to pay for their contraception, that
for a second a look at the economy, generally speaking, you have states important swing states where the unemployment rate is lower than the national average. but the recent set of data we see a brightening of consumer attitudes. we see consumer sentiment and surprisingly at a five-year high despite historically high gas prices. despite a lot of the concerns that this is our expressing. we've seen really weak investment and orders in particular. so whether consumer sentiment will continue to hold up and importantly whether that will actually suggest that voters are in a better mood than even the economic figures suggest, could give obama some more support than you might otherwise see and what's relatively weak period of growth. >> whoever it is elected in november is going to be looking at a real takeoff of the economy. all this money that'scying on the sidelines is put to work -- that's sitting on the sidelines is put to work. the u.s. is attractive compared to others around the world. the takeoff is scoming but won't come in time. chris: a lot of things going on. every voter has to
making closing arguments on an issue that's been front and center throughout the campaign. did an economy in need of a spark find one in october? u.s. employers across nearly all sectors were hiring, for a net gain of 171,000 new jobs. the labor department also revised its august and september figures higher, by 84,000. all told, it signaled slow but steady growth, and it was news that president obama wanted to play up in the campaign's final weekend, especially in one critical state. >> "oh (io), oh (io)" >> brown: the president made three stops in the buckeye state, starting in hilliard, just outside columbus. >> in 2008, we were in the middle of two wars and the worst economic crisis since the great depression. and today, our businesses have created nearly five and a half million new jobs. and this morning, we learned that companies hired more workers in october than at any time in the last eight months. ( applause ) >> brown: and the trend line seemed promising, as well. since july, the economy has added an average of 173,000 jobs per month, up from just 67,000 a month in the spring.
think it's been a very tough spot for the world economy. and it's not that comfortable but i think you did see the first year dramatic decline and then since that first year, 15 months you've seen some pretty substantial recovery that still has a long way to go before people are going to feel like we're fully recovered. >> austan, let me jump in there. we do still have a long way to go. a couple of charts that a supporter of governor romney would hope people would focus on. first labor force participation rate. it rose slightly to 63.8%. look at this number. back to 1981. let me give you another one. second, the so-called underemployment rate now stands at 14.6%. hey, that's a little bit better. but you know what? this is still a number that a lot of people say is the real feel unemployment rate. >> you're getting -- let's not get a little confused. if you take that real unemployment rate, that's down substantially more over the last three years than the observed regular unemployment rate is down. so you don't want to compare two different numbers. you should take any series and look a
. there are people who want to serve when the economy changes, could impact this? yes. but right now, i feel it is not impacting our recruiting. it does not impact our quality operationally, and hopefully that will continue. >> you have been in the job for a little over a year now. god willing and things go right, you have three more years to go. i know that much of the decade before you took this job, it was not in the middle of the night and waking up and saying, what would i do if i was the chief? you have other things on your mind. what has surprised you the most in coming into this circumstance? >> well, i think, -- i guess i've got to be careful. one of the things i tell everybody what i was the commander in iraq and the commander of the core there, have the freedom to make some pretty significant decisions. that freedom is not quite the same here in washington. that is probably one of the biggest adjustment. i had to realize i did not have complete autonomy. i knew that, but it took me a while to understand that really. the real challenges that we have are that we have this large orga
the economy added 171,000 jobs last month. the unemployment rate ticked up to 7.9%. here's what president obama said about these numbers this morning in ohio. >> today our businesses have created nearly 5.5 million new jobs, and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> i want to talk about the economics and the politics of the report with our chief business correspondent ali velshi and john avalon. they're in ohio talking to the voters. ali, let's start with you since you have an economics, numbers guy here. >> yeah. >> we looked at this, and the economy stated by cnn money, they were twpg 125,000 jobs, so this number was higher at 171,000. so you have figures in august and september, also higher than we thought. what do we say about the overall growth and the health of the economy and the recovery? >> you and i talked about this before. i like the jobs creation or job loss numbers. the establishment survey more than i like the unemployment number. by the way, i feel the same way about it when it's low and when it's
is at stake. it is a critical time for the country. we face challenges, massive debt, and an economy that is not putting our people to work. young people coming out of college can't find work. china, which is going to be a major economic power. it has been taking a lot of jobs from people in ohio, with radical violent jihadists. this is a big election about big things, and i am proud we are focusing on what we'll do to bring real chance to a country that needs it. we have a president today that -- has a different view about guesus being on the right track. my view is that this is a turning point for america. and those people who want change from day one will vote for paul ryan and myself. as i go across the country, i recognize that people don't want 23 million americans out of work, looking for a good job. they don't want administrations compftablfortable with trillion dollar deficits and kids not getting jobs out of college, and they don't like the gridlock in washington. over the coming days, i will talk to people across the country about what those changes look like. this is deta
's had since we've been in technical recovery, the economy grew 20%. obama has grown 7%. a third the strength of reagan's. job creation much higher under reagan. what did reagan do? all the things that romney and ryan are talking about. lower marginal tax rates. obama wants to raise them. less spending. obama added $5 trillion of debt. we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elim
reading on the economy before election day shows stronger than expected job gains. but more people were look for work last month and that pushed unemployment a tenth of a point higher to 7 .9%. still a pickup of 171,000 jobs is significant. economist stewart hoffman calls it the real deal. >> a good gain in jobs, a widespread gains, this isn't a fluke, it's a genuine improvement in the jobs market. >> in a moment lou dobbs will tell us if he agrees with that point of view. here is what is really happening. unemployment ticked up to 7.9%. however, there were more jobs available in october. in fact, the workforce rose by 578,000 americans. that's good. the reason unemployment went up is because more americans are now looking for jobs because more jobs are becoming available. the bad news is that unemployment among african americans jumped almost a full percentage point from 13.4% to 14.3%. that is a disaster. also, the real unemployment rate in october was 14.6%, including people who have given up looking for work. bottom line, 12.5 million americans who want to work, can't find employmen
, the unemployment rate rose to 7.9%. 47 million people are on food stamps. our economy is still on life support. and our country is $16 trillion in debt. we cannot afford four more years like the last four years, but that is exactly what president obama is offering. instead of developing a plan to address our serious challenges, his campaign is focused on phony issues. and instead of thinking big, they have wound up looking small. the question of this election comes down to this -- do you want more of the same or do you want real change? president obama promised change, but he could not deliver it. i promise change, and i have a record of achieving it. we need a real turnaround if we are going to get our economy growing and get americans working again. and i have led that kind of effort many times before. during my 25 years in business, i helped people turn their dreams into success stories. together, we built names like staples, bright horizons, and the sports authority. and helped create over 100,000 jobs. when i became governor of massachusetts, the economy was in bad shape and our budget wa
don't vote we could have bush versus gore all over again. the economy, stupid. friday the last jobs report before the election. last month, it gave the president a boost. will the october number matter more? i'm chris matthews. welcome to the show. with us today, "time" magazine's joe klein. the bbc's katty kay. cnbc's kelly evans. and "the washington post's" david ignatius. first up, we're staring down at the wind tunnel now but historic perfect political storm in the coming nine days of this campaign. and these closing days when we played out in mind games on both sides. the president saying he jist wants to hold on -- he just wants to hold on. >> what we have is a lead that we've maintained throughout this campaign. and we are going to just continue to drive home the message that there are two fundamentally different choices in this election. about where we take the country. chris: and he's on the air with a fear factor ad. >> 537. the number of votes that changed the course of american history. >> florida is too close to call. >> so this year, if you're thinking that your vote d
people they're talking to are telling them, the economy is still the central issue in this campaign. >> i think the economy is not doing well and i think romney is the guy that can turn it around, gets back on track, get things going again for starters and i'm worried about the budgets, the deficits. all my kids are in their 30s and we need the bubbling economy to move them along. >> a lot of people are hurting right now. but the president's ideology is what we need. >> i would say that the stimulus package was a really big success and i thought that, you know, i want government to play a role in our lives and i have a feeling that romney doesn't think that it should. >> let's met bring in jonathan althar. welcome to my home state. let's talk about the economy and we put it in the context of the latest poll. jonathan, is this an economy election in ohio? >> it always is. this is the heartland of america and even when the economy isn't as big as it is this year, in ohio in particular, it's about those working class voters and whether they think that one candidate or the other is providing
the clinton administration when the upper income earners were doing well and the entire economy was growing. we will have to make some tough choices. a balanced approach is the only approach i believe will get us there. >> your rebuttal? >> it's amazing to me that you can stand here having voted 4 trillion dollar deficits for the last of four years, the largest, fastest debt increase in american history and say we have to control spending. you've done nothing to control spending over the last four years. with respect to cut, cap, and balance, it's amazing to me that the idea of cutting wasteful spending, capping the ability of congress to spend money we don't have, and balancing the budget is extreme. i think it would force congress to set priorities and stop funding things like solyndra and to prioritize things like social security, medicare, and education. that's why i support a balanced budget amendment to the constitution. >> the race to succeed retiring new mexico senator akaka is just one of the key house or senate government races you can follow on c-span.org. -- house, senate, and g
in this country to push our economy and improve the economy over the next four years. host: breaking news this morning. we have been talking about the jobs numbers coming out today. 7.9%, slightly up from 7.8%, the unemployment rate, from september. showing 171,000 jobs added in october, this according to the u.s. bureau of labor statistics this morning. i want to get your quick reaction to those numbers. guest: first of all, that is virtually no change. yes, it is an uptick, and it was down the month before. but unemployment is staying basically around 8%. if you count the people of -- who have given up looking for jobs in this country, we have over 20 million people who are unemployed right now. we have to address their needs and concerns, and make sure they have jobs over the next four years. by producing 12 million jobs, a lot of these people will be put back to work. if we continue the policies of the last four years, i am afraid we will see the next norm for unemployment in this country will be 8%, and the unemployment figures are going to stay around that 20 million figure. i think
, this means jobs and the economy is an issue that is certainly front and center ended is the number-one issue, but it may not bring home as much as other issues -- ring home. host: what are the swing areas of that states that have historically provided the winner with the electoral votes? guest: by now we are seeing that the candidates are coming into -- particularly the president's campaign has been coming into the sea coast, rockingham county area, cities like rochester are certainly areas that are indicative of what may happen in this election. but the other location candidates are coming into is the city of nashua, the second- largest city in the state. we are seeing the president was there a few days ago last saturday. it seems to be a place that is being fought over. it's along the massachusetts border. massachusetts is the stated that governor romney led. so it is a very interesting area. many of the people from nashua work in massachusetts. host: who are the voters in this area? guest: new hampshire has traditionally libertarian streak. our motto is live free or die. it is a tossup lo
obamacare. its stifles the economy, and it does not reform health care. it is going to take $10 billion from the economy on an annual basis it does not work, so we need to talk about the past. one is more government control. >> senator, your response. >> first, i want to thank the networks and my family, my wife of 35 years, my daughter, and my other daughter, and 60% of the grand kids are here. it is good to have james here. jobs are critically important, and i think if you take a look at what is wrong with washington, d.c. compan, there a long list of people. the jobs bill as a prime example that you brought up. it is interesting the gentleman i am running with is hyper partisan. he mentioned rosa, and she has gotten off hold of me and said he has not been much of the health on the subcommittee, and quite frankly, what needs to be done is people need to work together as americans. is when doesion thi politics trump jobs? is it when clean air or clean water is at stake or perhaps politics? >> the answer is jobs, and we need to create an environment in washington, d.c., where we are working
, to big an economy. the government can effect the direction of developments not the degree. >> the medication isn't that much stronger. i mean, you rule out protectionism, trade wars with china that kind of stuff which a lot of people reach to as a cure what's in the disease. >> yes. >> you're obviously strongly in favor of a marshall plan for middle class skills. community colleges. >> absolutely. and i think we can do some pretty radical things in education and training. you know, i don't see why education should be -- should cost -- why higher education should cost any american more than a nominal amount. i think that we can give tuition-free scholarships to everyone who attends public schools, public universities. and we have great public universities in america. and it would be a matter of rechanneling the student aid we now provide into this. and it would take it away from the private universities. i am saying look i'm a product of private universities but as a matter of public policy the distribution of money between the private and public sector in education i think
those unemployed and underemployed fell ever so slightly, but holding at 14.6%, the economy is not creating enough new jobs to brighten the employment picture. three years after the recession ended we should be creating at least 250,000 new jobs a month. we are not. the economy remains weak, despite record government spending and an extra 5 1/2 trillion dollars worth of debt. aust austan goolsbee will be joining us, he helped to write the policies,'s no longer with the administration, he hasn't been here for a while, but returning today. here is how it went last time around. >> stuart, my job is not to do spin just bb to be the policy guy. i think this job reports highlights what strengths we've start today develop and highlight the head winds we're facing and need to do more. on the positive side, this is the 9th straight month of private sector job creation. stuart: okay, now, that was two yearsing. will he say the same thing this time around. find out in four minutes and we'll talk with glenn hubbard, mentioned as a possible treasury secretary in a romney administration.
of shutdown or default and that of course chills the economy, puts more people out of work. the president was right when he said he can't change washington from the inside. you can take him at his word. that's why we're going to send him outside. all right? when i'm elected i'm going to work with republicans and democrats in congress. i'm going to meet regularly with their leaders. i'm going to endeavor to find those good men and women on both sides of the aisle who care more about the country than they do about politics. and together, we're going to put the nation back on track to a balanced budget and to reform our tax code and to finally reaffirm our commitment to financial responsibility. now, if the president were to be re-elected he would continue his war on coal and oil and natural gas. he would send billions more to his favorite friends and all of this means higher gasoline prices and fewer jobs. today gasoline costs twice what it did when president obama took office. and when i'm elected, we're going to change the course of energy entirely. i know just how much energy means to mi
for a speech on the economy on his economic plan. according to the latest polling average, president obama holds a % lead in this state. this is about 35 minutes. ♪ >> hello everybody, how are you doing? you live in iowa and you live in a battleground state. let me say that again because i don't think i've said that in all the years i've been in politics. we're a battleground state this year and that makes it very important. and i'm glad i have the opportunity to welcome the next president of the united states. and i know it's cool and you feel the chill but also you feel the momentum of romney being the next president of the united states. [applause] now you folks all know people who voted four years ago for president obama. you know that he promised partisanship and to reduce the deficit by half, that he was going to give us accountable government, that he was going to reduce your health insurance by $2500. today we have would have 5 and 6% unemployment instead of 8 and 9%. that was all part of economic recovery, wasn't it? this president has not delivered on his promised of 2008 and t
. donate today. >> steve: it will be the last major report card on the economy. the labor department releases monthly unemployment rate. right now it stands at 7.8 percent. economist expect it to go up to 7.9 percent. it is estimated that employers added 125,000 jobs last month and that is up from september and fall short of what is needed to cut the jobless rate. we'll bring that number to you live as it is released from washington. meanwhile new accusations. votes switched from mitt romney to obama. rnc learned of cases in nevadathey are asking the states to recalibrate all of the machines. and have additional technician on hand and use signs to make sure people check their vote. there is no evidence of problems but check your ballot, gretch. >> gretchen: 47 out of 51 times the presidential candidate who won the popular vote has won the electoral. experts believe that mitt romney will win the popular and president obama will take the electoral college and win the white house. can that happen again? what do you think about that, pete? >> i think and firmly believe that mitt romney w
looking for full-time jobs. under an employment a 40% of the economy. -- underemployment making up 40% of the economy. many people on food stamps. that is the failure, but americans are not quitters. we can turn the ship around and we will turn this ship around. we will put america on a new path to a new day with the new .resident, mitt romney [cheers and applause] you know, you have had a new energy since the first debate. you know why? for the first time, the people of this country were able to see the real mitt romney instead of instead of what the chicago henchmen were portraying him in six months of advertising. you saw a person standing there with the president of the united states who is practical who is compassionate, who is humble, who is trustworthy and you saw a president with all the air go out of him. he's not the obama that everybody thought he was. now, president obama once said in a previous campaign, and let me quote here exactly, if you don't have a record to run on, then you make big elections about small things. so is there any wonder why you're hearing from the ot
we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and there will be fewer taxes from each individual. there will be way more people paying into the tax system. revenue neutral. lakshman is telling us you have a choice over how much you charge people in taxes. they may not produce all the jobs. what he is doing on day one is adding to the deficit. >> could be but let'
Search Results 0 to 49 of about 454 (some duplicates have been removed)